Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
lexicology is a noun meaning "the branch of linguistics that studies the lexical component of language". It carries one recorded sense.
the branch of linguistics that studies the lexical component of language
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for lexicology come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.